Riskified Ltd. (RSKD) Reports Q2, Announces $75M Share Buyback

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Riskified Reports Strong Second Quarter Revenue Growth of 21%; Board Authorizes $75 Million Share Repurchase Program

August 15, 2023 6:50 AM EDT

Intends to File Motion Seeking Court Approval in Israel for its Repurchase Program

NEW YORK--(BUSINESS WIRE)-- Riskified Ltd. (NYSE: RSKD) (the Company), a leader in eCommerce fraud and risk intelligence, today announced financial results for the three and six months ended June 30, 2023. The Company will host an investor call to discuss these results today at 8:30 a.m. Eastern Time.

I am extremely pleased by our strong results, highlighted by year-over-year revenue growth of 21% and a 67% year-over-year improvement in Adjusted EBITDA performance. As we get closer to sustained... More